Taproot(TAPROOT) Startup Free Offering on Gate.io

Gate.io Startup will launch its next project, Taproot (TAPROOT), on February 1st, 2024 at 06:00 AM (UTC).

Startup Link: https://www.gate.io/en/startup

Introduction to Taproot (TAPROOT)：

Taproot Exchange is the TAP20 token asset issuance platform based on the Taproot assets protocol, the first to support the issuance, transfer and trading of Taproot assets of different types and on different chains on the platform.
In the future, Taproot exchange will be developed into a professional Taproot Assets derivatives trading market.

(The information below is provided by the Taproot (Taproot) team. Please follow the website for more information）

Token Information
Token name: Taproot
Token symbol: TAPROOT
Max Supply: 100,000,000 TAPROOT
Token Type: ERC20
Token Contract: 0x07B701aC44Aacb03d8Bed42eb85Ec38210bDf513

Token Distribution and Unlocked Rules:
*Airdrop:5%
TGE :100%

*Community and Ecosystem: 25%
1 month cliff, daily linear vesting afterwards

*Private Placement: 10%
TGE : 15%, 10 months linear vesting

*Team & Advisors: 10%
24 months cliff, 1 month linear vesting

*Treasury: 20%
TGE : 10%, 3 months cliff, daily linear vesting afterwards

*Market: 15%
TGE :10% ,6 months cliff, daily linear vesting afterwards

*Staking Rewards: 15%
1 month cliff, daily linear vesting afterwards

Website: https://taproot.exchange
Whitepaper: https://docs.taproot.exchange
Token Information:
https://etherscan.io/token/0x07B701aC44Aacb03d8Bed42eb85Ec38210bDf513

Taproot (TAPROOT)Startup Sale Rules

(1) Duration: 06:00 AM on February 1st - 06:00 AM on February 3rd (UTC), 2024 Orders placed by qualified users within these 48 hours will be treated equally.)
(2) Trading starts time: 10:00 AM on February 3rd (UTC), 2024
(3) Price: $0; Startup Supply: 400,000 TAPROOT
(4) Unlocking Rule: 100% Unlock
(5) Startup Participation Rules:
Each user can only purchase once with KYC account.
a) Startup Participation Rules for VIP Users:
1.For Airdrop Projects, the system will no longer verify the VIP Users’ assets adequacy, instead, the system will verify the Users’ VIP Level. The actual shares each VIP User received will be determined based on the actual VIP Level at the time of token distribution.
2.Purchase limit: The maximum contribution limit for a single user is 1500 shares. The VIP Users’ existing subscription share rules remain unchanged and can get 100% airdrops. The higher the VIP level, the more Startup airdrop shares can be subscribed.
The relationship between the VIP level and the maximum contribution allocation, please refer to the link: https://www.gate.io/article/29892
The actual share per user will receive is calculated according to the VIP level at the time of subscription.
b) Startup Participation Rules for Non-VIP Users (VIP 0 Users):
Spot assets not less than 10 USD, after participating in the subscription, whether the Non-VIP Users win or not will be announced at the end of the project subscription.
A portion of lucky Non-VIP Users will be randomly selected and the airdrop amount will be evenly distributed.
Non-VIP users who use Startup vouchers to join the subscription will have their Voucher benefits prioritized. Startup vouchers guarantee a 100% corresponding share, the specific subscription rules can be found at https://www.gate.io/article/31899
(6) Announcement of results: After the end of the day’s subscription, the system will count all eligible subscription orders.
VIP users will be distributed according to the ratio of the individually subscripted tokens to the total subscripted tokens.
Non-VIP users will be randomly selected as part of the lucky Non-VIP users and the airdrop quota will be distributed equally. The subscription results will be announced before listing.
(7) That multiple accounts with the same KYC information when claiming Startup shares will be deemed as cheating behaviour, and any cheating behaviour is prohibited. In case of cheating, Gate.io reserves the right to disqualify the users involved and forfeit their rewards.

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